HarbourView Equity gets $500 million financing led by KKR accounts

By Marisa Wong

Los Angeles, March 13 – HarbourView Equity Partners has secured about $500 million of debt financing through a private securitization backed by its diversified catalog of music royalties, according to a press release.

Insurance vehicles and accounts managed by KKR led the financing, and investment accounts advised by Kuvare Asset Management also participated in the transaction.

The company said the financing further emphasizes its commitment to delivering the best execution for its growing LP base and comes on the heels of numerous major deals, including its $300 million credit facility expansion announced in December.

Guggenheim Securities, LLC was the structuring adviser, and Guggenheim Securities, LLC and Barclays acted as co-placement agents on this transaction.

HarbourView is a Newark, N.J.-based alternative asset management company focused on investment opportunities in the sports, media and entertainment space.

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